Euro tumbles as Japanese Yen benefits from BoJ rate hike bets

Euro tumbles as Japanese Yen benefits from BoJ rate hike bets

Source: EODHD - https://www.fxstreet.com/news/euro-tumbles-as-japanese-yen-benefits-from-boj-rate-hike-bets-202609070955
Published: Sep 07, 2026 5:55 AM

EUR/JPY falls 1.11% on Monday and trades around 179.45 at the time of writing. The sharp decline in the cross mainly reflects the strong appreciation of the Japanese Yen (JPY), supported by growing expectations of monetary policy tightening by the Bank of Japan (BoJ).

Market context: This update is relevant to EUR traders, with EURJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.